The Pritzkers created the investment grade for the entire subprime mortgage industry. Once that collapsed, the worldwide economy collapsed. And this is the person they want to put as Secretary of Commerce...
It was a very sophisticated con game. They were the best in the business at hurting the poor people – they did a superb job. Look at what they’ve done to the middle class, to everyone’s retirement, every pension fund that lost money in ’08, ’09 and 2010. The Pritzkers destroyed the American economy, which destroyed the world economy. It’s time for the Senate to ask Penny, when she goes before them, to explain. Let the staffers do their research, talk to me, you, others who have done the research. Look at the documentation. Make Penny answer the questions ...
She needs to answer to her role in the mortgage meltdown which basically destroyed our whole economy. They need to be prepared to ask her the right questions. If they don’t, she’ll just walk right through it and get free pass like she’s always gotten. The burden is on the public.
The Privilege of the Pritzkers
Obama's Choice for Commerce Secretary Chose Obama for Political Career